About TownePlace Suites Franchise
TownePlace Suites is an extended stay hotel brand within the Marriott International portfolio.
Designed for travelers who need accommodations for longer visits, each property features spacious suites with full kitchens, separate living and sleeping areas, and on site amenities like fitness centers, outdoor grilling areas, and guest laundry facilities.
The brand caters to business travelers on assignment, relocating families, and anyone seeking the comforts of home while away.
TownePlace Suites Franchise Cost & Fees
Minimum Investment
$75K
Average Investment
$80K
Maximum Investment
$85K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $75,000 | One-time payment upon signing |
| Royalty Fee | N/A | Ongoing; paid monthly |
| Total Investment Range | $75,000 – $85,000 | Includes build-out, inventory, working capital |
The investment range of $75K–$85K reflects variability in build-out costs, store size, lease terms, and market.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Application Fee1 | $75,000 | $85,000 |
| Pre-Opening Training, Revenue Management, Marketing & Digital Support, and Related Services2 | $34,000 | $60,000 |
| Property Management, Reservation, Yield Management, Opportunity Management, and Other Systems3 | $92,300 | $113,700 |
| Market Feasibility Study4 | $6,000 | $18,000 |
| Building Construction6 | $111,300 | $198,800 |
| Kitchen and Laundry Equipment7 | $4,000 | $6,500 |
| Furniture and Fixtures8 | $14,900 | $20,500 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $8.20 |
| Audit Fee | $1,350 |
| Program Services Contribution4 | $7,000 |
| Marriott Bonvoy6 | $300 |
| Revenue Management7 Revenue Management Advisory Services Cluster Revenue Man | $1,200 |
| Account Sales Group Lead | $12,000 |
| MI LEADs9 | $30,000 |
| Business Transient (BT) Booking10 | $123.00 |
| Customer Engagement Center (“CEC”) Property Support Services (“PSS”) | $8.20 |
| National Group Sales and Marriott.com Lead Team Sales Group Lead | $2.60 |
| Catering Lead Extended-Stay Lead | $135 |
| Group Demand Generation | $1.00 |
| General Sales Agents Group Lead | $2.50 |
| QuickGroup Online Booking14 | 2% of gross group room revenue and function space revenue booked using QuickGrou |
| Enhanced On-Platform Website Maintenance | $75 |
| Transaction-Based Media16 | $200 |
| One Yield Support | $35 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | The franchise agreement is not renewable, and you should not have any expectation that you will be granted any right to operate the hotel under our brand after the expiration of the term.2 |
| Termination for Cause | We can terminate if (i) you fail to cure any curable default or there exists any non-curable default (in each case, as described below) or (ii) you or an affiliate of yours sell(s) or lease(s) the hot |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
TownePlace Suites Franchise Earnings — Item 19
TownePlace Suites does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
TownePlace Suites does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
TownePlace Suites Litigation & Risk Flags
Clean Litigation RecordTownePlace Suites has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
TownePlace Suites System Growth
Total Units
481
Franchised
480
Company-Owned
1
TownePlace Suites currently operates 480 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 436 | ||
| 2020 | 10 | ||
| 2020 | 446 |
TownePlace Suites Franchise — FAQ
The total investment to open a TownePlace Suites franchise ranges from $75,000 to $85,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $75,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
TownePlace Suites charges a royalty fee of N/A of gross sales. These fees are paid on an ongoing basis.
You can download the TownePlace Suites Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from TownePlace Suites to ensure you have the most up-to-date version.
TownePlace Suites does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
TownePlace Suites has been offering franchise opportunities. The FDD shows an investment range of $75,000-$85,000, a N/A royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $75,000 and the total investment ranges from $75,000 to $85,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Similar Hospitality & Travel Franchises
Interested in TownePlace Suites?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from TownePlace Suites and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with TownePlace Suites or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com